SOLUTION: The amount A in an account after t years of an initial principle P invested at an annual rate r compounded continuously is given by A=Pert where r is expressed as a decimal. What i

SOLUTION: The amount A in an account after t years of an initial principle P invested at an annual rate r compounded continuously is given by A=Pert where r is expressed as a decimal. What i

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Question 93111This question is from textbook Algebra and Trigonometry
: The amount A in an account after t years of an initial principle P invested at an annual rate r compounded continuously is given by A=Pert where r is expressed as a decimal. What is the amount in the account if $500 is invested for 10 years at the annual rate of 5% compounded continuosly? This question is from textbook Algebra and Trigonometry

Answer by tutorcecilia(2152) (Show Source): You can put this solution on YOUR website!
A=
.
A= [enter these values into the calculator]
.
A=$824.36

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